Notable Friday Option Activity: BAC, TRUE, COUP
August 07, 2020 at 15:45 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Bank of America Corp (BAC), where a total volume of 486,722 contracts has been traded thus far today, a contract volume which is representative of approximately 48.7 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 79.6% of BAC's average daily trading volume over the past month, of 61.1 million shares..